InforCapital
News

Ampliform nets $165M debt from CIP to speed US solar rollout

Ampliform secures a $165M debt facility from CIP's Green Credit Fund to push solar development across PJM, MISO and NYISO across more grids

AM
Alvaro de la Maza

Partner at Aninver

Key Takeaways

  • Sector: Energy Infrastructure & Renewables.
  • Geography: United States.

Analysis

Ampliform, a Pennsylvania-based developer of utility-scale solar projects, has secured a $165 million debt facility with Copenhagen Infrastructure Partners through its Green Credit Fund I (CI GCF I). The facility is designed to accelerate development and construction across Ampliform's near-term portfolio, reinforcing its bid to expand solar capacity on major U.S. grid footprints.

The agreement underscores the growing role of dedicated energy infrastructure lenders in financing the energy transition. CI GCF I has assembled roughly $1.1 billion of commitments at final close, reflecting a strategic push into greenfield energy assets, including solar, storage, and related transmission and distribution opportunities. This momentum signals a broader market shift toward private debt as a catalyst for scale in regional solar development.

Ampliform’s development program targets grid-interconnected opportunities in key U.S. markets, with emphasis on the PJM footprint, along with PJM, MISO, and NYISO regions. The financing will back pre-construction activities and early-stage development work, enabling Ampliform to advance multiple projects through permitting, interconnection studies, and engineering milestones in the coming years.

“This milestone represents a pivotal milestone for Ampliform’s growth trajectory,” said Carl Jackson, founder and CEO of Ampliform. “The new capital pool enhances our ability to accelerate construction timelines and scale our pipeline, aligning with CIP’s disciplined capital approach for energy infrastructure.” The partnership with CIP is anchored by a deep expertise in greenfield energy assets and a track record of supporting scalable renewables platforms globally, positioning Ampliform for accelerated deployment in markets with strong long-term demand.

From CIP’s side, Reiner Boehning, a partner at Copenhagen Infrastructure Partners, highlighted the collaboration as a strategic fit for addressing rising power demand in U.S. markets. The Green Credit Fund I operates within CIP’s energy infrastructure focus, emphasizing debt solutions to support large-scale projects that contribute to reliable, low-emission electricity supply while delivering long-duration capital to lenders and developers alike.

Ampliform’s leadership notes that the team has a proven track record, originating and developing multiple gigawatts of solar capacity and overseeing significant power-generation investments. The new facility not only funds near-term construction but also sustains ongoing development activity across Ampliform’s robust project backlog, positioning the company to capitalize on continued growth in the U.S. solar market as utilities pursue cost-effective, clean-energy portfolios.